GOVERNMENT FUNDS AND OTHER SAVINGS ACCOUNT Sample Clauses

GOVERNMENT FUNDS AND OTHER SAVINGS ACCOUNT. After Closing and until the issuance of the first building permit by the City for construction of any building on the Land (the "Issuance Date"), Seller and Buyer will each cooperate with the other in order to (i) cause Buyer, or any assignee of Buyer's interest in the Land pursuant to a transfer or assignment effective prior to the Issuance Date, to receive funds, credits or similar monetary consideration from any governmental agency or public utility in connection with the acquisition and/or development of the Land and/or the conducting of business operations thereon (including, but not limited to, funds for relocation costs and employee training), on terms and conditions which Buyer is willing to accept in its sole discretion (the "Government Funds") and (ii) determine whether there are any development-related and/or construction-related expenses which Seller may assist Buyer in saving or otherwise reducing (including, but not limited to, by performing additional improvement work for Buyer and by utilizing economies of scale in order to obtain better pricing for Buyer from consultants than Buyer could otherwise obtain on its own), on terms and conditions which Buyer is willing to accept in its sole discretion (the "Other Savings"). Notwithstanding anything to the contrary contained herein, Seller shall not receive any credit pursuant to this paragraph in connection with any of the funds, credits or similar monetary consideration which are contemplated to be received by Buyer from governmental agencies or public utilities as set forth in Exhibit C attached hereto and incorporated herein by this reference or to the extent such consideration reduces or offsets the costs of the Seller Improvements or other obligations of Seller under this Agreement. To the extent Buyer, or any assignee of Buyer's interest in the Land pursuant to a transfer or assignment effective prior to the Issuance Date, at any time on or before the Issuance Date, (i) receives (A) any Government Funds or (B) a written commitment which Buyer is willing to accept in its sole judgment, from any governmental agency or public utility that Buyer (or any of its successors in interest) will receive any such Government Funds subject only to conditions reasonably acceptable to Buyer, and provided that Seller's efforts have caused such Government Funds to be made available or such commitment to be entered into, or (ii) obtains any Other Savings or Seller enters into a binding written agreement with...
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Related to GOVERNMENT FUNDS AND OTHER SAVINGS ACCOUNT

  • Deposit Accounts and Other Accounts Schedule 3.22 lists all banks and other financial institutions at which any Credit Party maintains deposit or other accounts as of the Closing Date, and such Schedule correctly identifies the name, address and any other relevant contact information reasonably requested by Agent with respect to each depository, the name in which the account is held, a description of the purpose of the account, and the complete account number therefor.

  • Collection of Income and Other Payments (A) collect and receive for the account of each Portfolio, all income, dividends, distributions, coupons, option premiums, other payments and similar items, included or to be included in the Property, and, in addition, promptly advise each Portfolio of such receipt and credit such income, as collected, to each Portfolio's custodian account;

  • Cash Dividends and Other Distributions In the event that at any time or from time to time after the date hereof, the Company shall distribute to all holders of Common Stock (i) any dividend or other distribution of cash, evidences of its indebtedness, shares of its capital stock or any other properties or securities, or (ii) any options, warrants or other rights to subscribe for or purchase any of the foregoing (other than, in each case set forth in (i) and (ii), (x) any dividend or distribution described in Section 3(a) or Section 3(e), (y) any rights, options, warrants or other Convertible Securities described in Section 3(c) or (z) in connection with any transaction resulting in the issuance of additional warrants pursuant to Section 3(m)), then (1) the number of shares of Common Stock purchasable upon the exercise of this Warrant shall be increased to a number determined by multiplying the number of shares of Common Stock purchasable upon the exercise of this Warrant immediately prior to the record date for any such dividend or distribution by a fraction, (A) the numerator of which shall be the Fair Market Value per share of Common Stock on the record date for such distribution, and (B) the denominator of which shall be such Fair Market Value per share of Common Stock less the sum of (x) any cash distributed per share of Common Stock and (y) the Fair Market Value of the portion, if any, of the distribution applicable to one share of Common Stock consisting of evidences of indebtedness, shares of stock, securities, other property, options, warrants or subscription or purchase rights and (2) the Exercise Price shall be adjusted to a number determined by dividing the Exercise Price immediately prior to such record date by the above fraction. Such adjustments shall be made whenever any distribution is made and shall become effective as of the date of distribution, retroactive to the record date for any such distribution. No adjustment shall be made pursuant to this Section 3(b) which shall have the effect of decreasing the number of shares of Common Stock purchasable upon exercise of each Warrant or increasing the Exercise Price.

  • Administrative and Other Services (a) Subadviser will, at its expense, furnish (i) all necessary investment and management facilities, including salaries of personnel required for it to execute its duties faithfully, and (ii) administrative facilities, including bookkeeping, clerical personnel and equipment necessary for the efficient conduct of the investment affairs of the Fund (excluding determination of net asset values and shareholder accounting services).

  • Administrative and Other Fees The Borrower agrees to pay the administrative and other fees of the Administrative Agent as provided in the Fee Letter and as may be otherwise agreed to in writing from time to time by the Borrower and the Administrative Agent.

  • Subcustodians Securities Depositories and Other Agents 5.1 Appointment of Subcustodians; Use of Securities Depositories

  • Periodic Finance Charges and Other Fees The Seller hereby agrees that, except as otherwise required by any Requirement of Law, or as is deemed by the Seller to be necessary in order for the Seller to maintain its credit card business, based upon a good faith assessment by the Seller, in its sole discretion, of the nature of the competition in the credit card business, it shall not at any time reduce the Periodic Finance Charges assessed on any Receivable or other fees on any Account if, as a result of such reduction, the Seller's reasonable expectation of the Portfolio Yield as of such date would be less than the then Base Rate. SECTION 12.

  • PAYMENT OF COLLECTION, ENFORCEMENT AND OTHER COSTS If (i) this Note is placed in the hands of an attorney for collection or enforcement or is collected or enforced through any legal proceeding or the Holder otherwise takes action to collect amounts due under this Note or to enforce the provisions of this Note or (ii) there occurs any bankruptcy, reorganization, receivership of the Company or other proceedings affecting Company creditors' rights and involving a claim under this Note, then the Company shall pay the reasonable and documented out-of-pocket costs incurred by the Holder for such collection, enforcement or action or in connection with such bankruptcy, reorganization, receivership or other proceeding, including, but not limited to, attorneys' fees and disbursements.

  • Expenses and Other Payments (a) Except as otherwise provided in this Section 8.3, each party shall pay its own expenses incident to preparing for, entering into and carrying out this Agreement and the consummation of the Transactions, whether or not the Merger shall be consummated.

  • Bills and Other Disbursements Upon receipt of Instructions, the Custodian shall pay, or cause to be paid, all bills, statements, or other obligations of a Fund.

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